PHOTO: VERSCHELDEN PHOTOGRAPHY
December 23, 2015
BY Susanne Retka Schill
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North Dakota’s largest ethanol plant finds success through scale, refinement and change.
U.S. fuel ethanol production was up 1% the week ending March 28, according to data released by the U.S. Energy Information Administration on April 2. Stocks of fuel ethanol were down 3% and exports were down 62%.
Rex American Resources Inc. released fourth quarter financial results on March 26, reporting increased ethanol sales volumes and progress with the company’s planned carbon capture and storage (CCS) project in Illinois.
Gevo Inc. CEO Patrick Gruber discussed the company’s proposed sustainable aviation fuel (SAF) project in South Dakota during a fourth quarter earnings call, held March 27, indicating financial close could be achieved by year-end.
U.S. fuel ethanol production fell by 5% the week ending March 21, according to data released by the U.S. Energy Information Administration on March 26. Ethanol stocks were up 3% and exports were up 48%.